This is a train wreck from the get go. The best economic/financial advice anyone can give or receive at present is don’t spend what you don’t have. Printing more money and allocating it as stated will not guarantee a fix to the current crisis or any of the targeted segments of the crisis. The best minds in economics predict this will be a long road out no matter what measures are taken. Why risk runaway inflation tomorrow for what might amount to a feel good couple of months? There is an equal chance that this plan could worsen the problem. Why do it? Why rush into it?

One of the alternative proposals is a one-year “tax holiday”. That plan in some way addresses every concern. I think most of the resistance to the “tax holiday” is that the institutions that meet the needs of the people most directly will get the benefits. The institutions (banks, auto manufacturers) that have made poor choices will not. This proposal unlike the bailout can be implemented incrementally. In other words, we start with a three-month time span of no federal income or corporate taxes and re-evaluate after three months. At that point I’ve been led to believe that the possible loss of tax revenue would be in the neighborhood of a quarter of the total bailout proposal. If this estimate is correct then I think this is worth a try prior to firing up the printing presses.

This plan is a bailout at heart but one that filters through every working household before a business has access to the money.

“Sounds good” ?? At what cost?

The value of the dollar will be in the gutter for one. Our children and their children will still be paying for our attempt at saving the status quo. And for the most part it will not be “the people” who profit, it will be the corporations that get the no-bid contracts to rebuild the wrong things for our future. Sure, some jobs will be created but my bet is at drastically lower wages.

We are only prolonging the inevitable. Our roads may be in bad repair but they will always be that way. Do you know how much energy (literally) it takes to maintain roadways on an annual bases… We simply can keep up anymore.

For once please let’s think about more than a few years out! We have to start thinking about a 5, 10 20 year plan. Where will we be then? I’ll bet that only the rich and elite will still be driving on the roads we will -all- pay for for the rest of our lives.

Economic Stimulus, sounds good for the system.